Mining

DRC: Canadian miner AJN Resources Explores for Lithium and Tin at Manono

DRC: Canadian miner AJN Resources Explores for Lithium and Tin at Manono
Monday, 03 June 2024 10:05

In the Democratic Republic of Congo, Manono hosts one of the world's largest lithium deposits. While legal disputes have slowed down the exploitation of this deposit, AJN Resources has begun exploration in the same region, hoping to identify another deposit.

AJN Resources, a Canada-based mining company, has started a reverse circulation (RC) drilling program on its Manono Northeast project in the Democratic Republic of Congo. The firm announced the works to find lithium and tin on May 31, 2024. Hub Drilling Limited, a South African company, carries out the work.

According to Klaus Eckhof, CEO of AJN Resources, the RC drilling program will help the firm better understand the geological structures and potential mineralization at deeper levels within its license area. AJN Resources, he added is “looking forward to deepening its knowledge through further detailed drilling, sampling, and analysis.”

The Manono Northeast project is situated near the Manono deposit, estimated to contain at least 400 million tonnes of mineral resources containing 1.65% lithium. However, the Manono project is currently embroiled in a legal dispute, which has slowed down its exploitation. Being close to the Manono deposit, AJN Resources hopes to find a viable lithium deposit in the area.

On the same topic
DRC seeks ITC support for local battery value chains Musompo SEZ targets $2 billion private investment Progress slowed amid coordination,...
Barrick loses second-largest gold producer ranking in 2025 Output fell to 3.26 million ounces Loulo-Gounkoto shutdown cut Mali production...
Atlantic Group amends Kribi cement plant investment deal Project cost rises above initial CFA39 billion estimate Plant to add 1 million tons annual...
Vaalco Energy has started production from a new well at the Etame offshore field, initially producing around 2,000 barrels per day. The...
Most Read
01

ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...

ECOWAS Eco Currency May Launch Without WAEMU in 2027 Push
02

Amazon begins talks with Kenya on low-Earth orbit satellite broadband Kenya’s digital market ...

Amazon Turns to Kenya as Its Next Low-Orbit Satellite Internet Bet in Africa
03

Dangote to list $20-25 billion refinery within five months NNPC holds 7.25% stake; dividends...

Dangote Sets IPO Timeline for Its $20B+ Nigerian Refinery, Eyes Retail Investors
04

Siguiri mine produced 289,000 ounces in 2025, up 6% Fourth-quarter output rose 15%, boosting annu...

Guinea's Largest Gold Mine Records 6% Output Rise in 2025
05

Naira strengthens to 1,348 per dollar, boosting assets Lagos market gains 25,000 billion naira in...

Stronger Naira, Stock Rally Add Billions to Nigeria’s Wealthiest
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.